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UPDATE: US: Sycamore Partners buyout of Express looks likely

2014-06-16 12:56:00| Daily apparel & textile news and comment - from just-style.com

A buy-out of troubled US apparel retailer Express Inc by Sycamore Partners looks likely, analysts believe, after the private equity firm last week acquired a 10% stake and said it wants to craft a formal proposal to acquire the rest of the company.

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